Breaking news
The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
An obscure Reddit forum, a failing games shop, and a saga that could end up costing Wall Street billions – welcome to the bizarre trading scheme that is shaking up stock markets across the world. Gangs of armchair investors, using a page called Wallstreetbets to organise, have been roving the internet in recent days – … Read more
What do you do about bitcoin? Nothing, has been the default stance of most institutional and private investors – until recently. The growing interest of adventurous individuals – both lucky and unlucky – has been well documented over the last few years. More significant is the increasing interest from institutional investors. The most striking example … Read more
Music and video streaming is this generation’s Californian Gold Rush and one man leading the charge is Merck Mercuriadis. The music mogul and founder of music rights firm Hipgnosis Songs Fund has had a barnstorming pandemic, spending nearly £1billion to acquire some of the world’s best-known artists, from the Kaiser Chiefs to megastars such as … Read more
Another UK firm in foreign hands: Smart meter installer Calisen to be bought by overseas investors By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Calisen confirmed it was pushing ahead with a takeover from a consortium of major international investors Smart-meter business Calisen … Read more
MARKET REPORT: Investors down tools at housebuilder Persimmon with shares down 6.2% as it warns of an uncertain few months ahead amid the coronavirus pandemic By Lucy White City Correspondent For The Daily Mail Published: 21:56 GMT, 13 January 2021 | Updated: 21:56 GMT, 13 January 2021 Housebuilder Persimmon was down in the doldrums after … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
MARKET REPORT: Investors cheer Footsie’s best-ever start to a year as index rises almost 6% in first three days of trading By Francesca Washtell For The Daily Mail Published: 21:55 GMT, 6 January 2021 | Updated: 22:09 GMT, 6 January 2021 The FTSE 100 notched up its best start to a year as an expected … Read more
Faced with dwindling interest rates on savings, John and Veronica Ierston decided to invest their modest retirement savings in property. Fifteen years ago, the couple bought two flats in a brand new block in central Manchester. But when they attempted to sell up and release the equity last autumn, the building was found to be … Read more